Microsoft Corp. will conduct another round of major layoffs in its Xbox division next week as part of a company-wide reorganization.Managers within Xbox are expecting substantial cuts across the entire group,

Multinational tech conglomerate Microsoft is reportedly planning “major” cuts throughout its Xbox division. News of potential layoffs, first reported by Bloomberg‘s Jason Schreier, comes just a few short weeks after Microsoft announced it would eliminate around 3% of its global workforce,

Microsoft (NASDAQ:MSFT) is laying off more people next week in its gaming unit, Xbox, according to a report from Bloomberg on Tuesday. The move is part of a company-wide reorganization, the report said.